Open it taxis for the submission of the 2024 tax returns from 9 million taxpayers. For the first time, freelancers and self-employed people will see the minimum presumptive income from the AADE pre-populated based on years of activity, payroll costs and turnover, and they will have no room for intervention to change it.
The main Codes are 405-406, as well here professionals will find out what “suit” AADE has made for them since they will see pre-filled minimum presumptive income. By clicking on the code, a table will appear in which the calculations of the Tax Administration will be displayed in order to determine the minimum amount of net income.
The only thing they can do is dispute it by submitting a request for control or for objective reasons on the platform that AADE will activate in the first fortnight of May, filling in the codes 443-444 in E1.
►Also read: AADE: The intersections of the tax office produced seabass
Also, for the first time this year, 1 million employees and pensioners will not have to submit a declaration as the process will be done automatically. Those who receive a debit note should know that its repayment income tax it will be made in eight equal monthly installments with the first being paid on July 31 and the last on February 2025. In the event that the additional tax is paid in one go, a 3% discount is granted on the total amount.
The new codes
The new E1 form codes that professionals should pay particular attention to are the following:
1. Codes 045-046: They concern them freelancers who are exempt from the minimum net income or are entitled to a proportional reduction of the presumptive income in the case of exercising an activity for a limited period of time based on legislation or regulation. In the relevant table of the specific code, the taxpayer is asked to choose:
- Exception for insurance intermediaries
- Exception for coffee shops in settlements of less than 500 inhabitants
- Doing business for a limited period of time
2. Codes 047-048: They concern those professionals who are entitled to a 50% discount on the minimum assumed income. In the relevant table for the specific codes, professionals must choose between the following indications:
- You have his quality of many children as a parent or orphaned child?
- Are you the parent of a single-parent family with minor children?
- You are taxi operator with an ownership percentage of less than or equal to 25%
- You have a place of business and main residence in a settlement with a population of less than 500 inhabitants or on islands with a population of less than 3,100 inhabitants.
As mentioned in the decision of the AADE for the exemption or reduction by 50% of the presumption, taxpayers should have the required supporting documents.
4. Codes 443-444: And these codes are of particular importance, as they should be filled in by those professionals who question the assumed income and request … a way out of the audit in order to prove that their income is less than the assumed. As it provides the relevant decision, The taxpayer is obliged at the latest within 60 days from the end of the deadline for submitting the income tax return to fill in a questionnaire regarding his property situation and the living conditions of himself, his spouse/MSS and the protected members, which will be evaluated during the tax audit. The completion and submission of the questionnaire is done through an electronic platform that will be activated within the first fortnight of May.
5. Codes 445-446: The Tax Administration exempts the taxincome from business activity in the case of determining a minimum net income (e.g. taxpayers who have transferred their tax residence to Greece and are paid with a block).
Follow Imerisi on Google News!
Tags: Tax declarations Open taxis codes
